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A backache for the European hotel industry in may

3 min reading time

Published on 30/07/05 - Updated on 17/03/22

The European hotel industry has stalled, with May being down compared to a record-setting month of April.The deceptive results registered in Germany weigh down upon the overall results. Nonetheless, medium-term perspectives remain favourable for the European hotel industry.

Each new month is different than the one that preceded it. The European hotel industry saw a bountiful month of April, with a rise in RevPAR near 10%, the best result in 5 years. May was more moderate, with revenue per available room down by 0.8% over the excellent year of 2004 (+5.2%). The budget...

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